“The company’s prepared to adhere to the promise to create value and growth for the shareholders according to “continuous growth and sustainable” to bringing technology to develop the country for sustainable”
Dear Shareholders, as the situation of COVID-19 that happened in 2020, it was a crisis that no one expected. This has a huge impact on both the national and global levels. While all over the world fight the situation. Thailand devised many measures to enforce and control the situation. Therefore, the company planned and established various measures. The employees can carry out without affecting the quality of installation and service of the company. Also, the company concerns to prevent risks to the health and safety of all employees and their families. The company created value and growth for shareholders under the concept of “Continued and sustainable Growth”. Moreover, the company bring technology to develop the country by the project that can support the society in the crisis. To illustrate, the development of online education projects through high-speed internet system in marginal areas and remote areas (USO1 and USO2), which piloted and helped alleviate distress for affected communities and people during that period.
While the company grow and expand rapidly. The structure has been modified by adding the position of Chief Executive Officer. To welcome to the new Managing Director who will drive the organization to grow in line with development plan, ready to face challenges and expand opportunities of business immediately.
The company started to study and expand services by focusing on infrastructure that has been invested along with the policy of Thailand 4.0, which emphasizes the development of new innovations and bring technology to create added value. For example, Cloud business cooperation to expand the development of online education projects via high-speed internet in marginal areas (USO1 and USO2) connecting security camera systems in different areas and emphasis on unmanned aircraft technology.
The company believes that various achievements could not happen without the components of social and environmental responsibility. The company adheres to the 17 sustainable development goals (SDGs) of the United Nations in Thailand (UN Thailand). The projects are all related to the development of the country’s infrastructure to enhance the quality of education, health and well-being of all Thai people. Therefore, in this year 2020 the company selected by the Stock Exchange of Thailand to be one of the lists of 2020 Thailand Sustainability Investment (THSI).
As the company adhered to the principle of continued and sustainable Growth”, the company’s operating results for 2020 have total revenues of 2,058.89-million-baht, 12.26 percent decrease from the year 2019, comprising revenue from 3 types services. For example, revenue from network service was 1,111.14 million baht, an increase of 30.90 percent, while the revenue from data center area service increased by 30.90 percent. Also, income from network installation services 85.42 million baht, a decrease of 9.04 percent and 40.62 percent, respectively.
Although, some of the revenues declined due to crisis of COVID-19, with the efficiency in cost and expense management, the company has EBITDA of 685.42 million baht. It was higher than the previous year by 16.98 and accounted for 33.30 percent EBITDA of total income. The net profit amounted to 183.73 million baht, an increasing of 1.51 percent from the previous year and accounted for a net profit margin of 8.92 percent EBITDA and net profit margin in 2020 increased when compared to 2019. In addition, the company has a backlog of 3,815.90 million baht in 2020.
Teams and all executives in the company continue to maintain potential customer service and expand both domestic and international customer in all industry groups and services that the company serving. It also focuses on expanding its service area to the user group who are far away through the support of NBTC which it operates a project to provide mobile phone signal and high-speed internet service marginal areas and remote areas. It also extends to other services related. For instance, a project that provide services for connecting CCTV cameras. Project that provides health services to remote areas. Project of distance education which the company attempts to push services on the determination and belief in bringing technology to develop the country to prosper as well as other leading countries. Including improving the quality of life and create jobs for the community equally through the technology that the company presented.
So, I would like to thanks the shareholders for their trust in the company as well as the all employees who are committed their work. It is an important force in business growth especially during the most challenging time of the past year. Moreover, I would like everyone to believe that the company with continue to operate business in line with the principles of good governance. The company will operate always create the opportunities to the business. Also, the company will develop the business for the future under the goal of “continued growth and sustainable” for the benefit of shareholders, customers, all stakeholders as well as the nation and the public society can be sustainable for a long time.